Newly formed media and financial services company Thomson Reuters pulled the plug on one of the nation’s most popular hedge-fund publications, HedgeWorld.

The publishing and financial-data powerhouse on Thursday morning told News Director Kristin Fox and her team of roughly 10 reporters and editors, as well as a handful of technology and sales staff, to pack up their desks, according to several people familiar with the situation.

“As far as I know, the entire HedgeWorld team is no longer, as of Aug. 15,” said one employee, who asked not to be identified.

It was unclear whether HedgeWorld would continue to exist in a different format.

HedgeWorld was started in 1999 and publishes a monthly magazine, several newsletters and Web site hedgeworld.com.

Efforts to reach a Thomson Reuters spokesperson were unsuccessful.